Valerie Shipping Inc. v. Korea Line Singapore PTE, Ltd.
Filing
164
ORDER GRANTING 162 Stipulation for Final Distribution of Funds From the Proceeds of Sale of the Vessel MT Blue Jade. Signed by Judge Jeffrey S. White on 8/3/11. (jjoS, COURT STAFF) (Filed on 8/3/2011)
Case3:11-cv-00911-JSW Document162-1
Filed07/26/11 Page1 of 2
1 JOHN D. GIFFIN, CASB No. 89608
john.giffin@kyl.com
2 ELIZABETH P. BEAZLEY, CASB No. 138198
elizabeth.beazley@kyl.com
3 JAMES A. MARISSEN, CASB No. 257699
james.marissen@kyl.com
4 TARA B. VOSS, CASB No. 261967
tara.voss@kyl.com
5 KEESAL, YOUNG & LOGAN
A Professional Corporation
6 400 Oceangate, P.O. Box 1730
Long Beach, California 90801-1730
7 Telephone: (562) 436-2000
Facsimile: (562) 436-7416
8
Attorneys for
9 NORDEA BANK FINLAND PLC, Singapore Branch
10
11
UNITED STATES DISTRICT COURT
12
NORTHERN DISTRICT OF CALIFORNIA
13
Case No. CV 110911 JSW
14 VALERIE SHIPPING INC.,
Plaintiff,
15
16
VS.
[PROPOSED] ORDER GRANTING
FINAL DISTRIBUTION OF FUNDS
FROM THE PROCEEDS OF SALE OF
THE VESSEL MIT BLUE JADE
17 KOREA LINE SINGAPORE PTE, LTD.,
Defendant.
18
19
irni
20
NORDEA BANK FINLAND PLC,
21 SINGAPORE BRANCH.
22
Intervening Plaintiff.
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24 TO ALL PARTIES AND THEIR COUNSEL OF RECORD:
25
The Court having considered the stipulation of NORDEA BANK FINLAND
26 PLC, SINGAPORE BRANCH and MARIANNE KIRK A.S., as well as its file herein, and
27 for good cause showing, HEREBY ORDERS THAT:
28 1111
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KYL_LB 1423075
CEEDS bF SALE OF THE VESSEL M/T BLUE JADE - Case No. CV 110911 JSW
Case3:11-cv-00911-JSW Document162-1
1
1.
Filed07/26/11 Page2 of 2
MARIANNE KIRK A.S. ("Kirk") is entitled to recover USD$40,665.80
2 in valid custodia legis expenses.
3
2.
The Clerk of the Court shall issue a check sourced from the funds on
4 deposit with the Registry of the Court from the proceeds of sale of the Singapore flagged
5 tanker M/T! BLUE JADE, IMO No. 9419735, her masts, boilers, cables, engines,
6 machinery, etc. (the "Vessel") in the amount of USD$40,665.80 made payable to
7 KEESAL, YOUNG & LOGAN, such payment constituting full satisfaction of any of
8 claims by Kirk against the Vessel and/or proceeds of sale.
9
3.
R.S. PLATOU SHIPBROKERS A.S ("Platou") is entitled to recover
10 USD$ 176,275 in valid custodia legis expenses.
11
4.
The Clerk of the Court shall issue a check sourced from the funds on
12 deposit with the Registry of the Court from the proceeds of sale of the Vessel in the
13 amount of USD$ 176,275 made payable to KEESAL, YOUNG & LOGAN, such payment
14 constituting full satisfaction of Platou’s custodia legis expenses.
15
5.
The Clerk of the Court shall issue a check for the entire remaining
16 balance of the funds on deposit with the Registry of the Court from the proceeds of sale
17 of the Vessel, inclusive of all accrued interest, to NORDEA BANK FINLAND PLC,
18 SINGAPORE BRANCH made payable to KEESAL, YOUNG & LOGAN consistent with
19 the default judgment in action in rem entered in favor of Nordea on July 22, 2011.
20
21
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23
IT IS SO ORDERED.
August 3, 2011
SIGNED this _____day of July, 2011.
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cc: Finance Office
U.S. Marshals Office
U.S. DISTRICT COURT JUDGE
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KYL_LB1423075
CEEDS OF SALE OF THE VESSEL M/T BLUE JADE - Case No. CV 110911 JSW
I
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